Main oil contract, Brent North Sea, surged toward $100 a barrel on Thursday as Tehran-backed Houthi rebels targeted Red Sea shipping, raising fears that the Middle East war is widening.…
Africa’s largest oil refinery, Dangote Petroleum Refinery and Petrochemicals, says it has secured $2.5 billion in fresh private equity investment to support the next phase of its expansion and strengthen…
World oil prices jumped on Wednesday, with the benchmark international contract Brent North Sea crude surpassing $95 for the first time in nearly six weeks as the United States and…
Businessman and Chairman of First HoldCo Plc, Femi Otedola, has given his investment in the financial company a boost after a related firm acquired 706.13 million ordinary shares worth ₦77,589,693,948.52…
The United Nations on Friday urged countries involved in the Middle East war to help evacuate and repatriate some 6,000 sailors stranded in the Strait of Hormuz. UN human rights…
UK Prime Minister Andy Burnham formally opened his newly created northern office on Friday, promising “a different way of running Britain” as he bids to reverse decades of centralising power…
Volkswagen said Friday that net profit fell by a third in the second quarter as the crisis-hit carmaker, weighing up to 100,000 job cuts worldwide, grappled with increasing competition in…
Nigeria was affected following a new wave of US tariffs targeting 60 trading partners that took effect on Friday, replacing an expiring global duty rolled out by President Donald Trump…
French oil and gas giant TotalEnergies said Thursday net profit doubled in the second quarter as conflict in the Middle East pushed up hydrocarbon prices. TotalEnergies said in a statement…
An early-morning fire has gutted a part of the Justrite Superstore in the Akowonjo area of Lagos State. The Lagos State Fire and Rescue Service, however, said the incident, which…
